The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 19, 2011 and April 6, 2011 are summarised below.
DATE: January 5, 2011
Issue | BoBC 190111 | BoBC 060411 |
Total Subscribed (P million) | 5 955.453 | 4 089.198 |
Total Allotment (P million) | 5 800.000 | 4 089.198 |
Stop-Out Price (P) | 99.756 | 98.405 |
Stop-Out Yield (percent) | 6.58 | 6.66 |
Simple Rate (percent) | 6.38 | 6.50 |
Weighted average yield of winning bids (percent) | 6.57 | 6.61 |
Simple rate for weighted average winning bids (percent) | 6.38 | 6.45 |
Weighted average price of winning bids (P) | 99.756 | 98.417 |
Minimum winning bid yield (percent) | 6.52 | 6.60 |
Maximum bid yield (percent) | 6.58 | 6.66 |
Days to Maturity | 14 | 91 |
Note:
BoBC 190111 - Bids above P99.756 received full allotment while bids at 99.756 received 96.34 percent of the amount applied for .
BoBC 060411 - Bids at and above P98.405 received full allotment